Search found 35 matches

by Vince
Fri Sep 12, 2003 1:32 pm
Forum: Testing and Simulation
Topic: Parameter Assignments and Optimization
Replies: 13
Views: 8109

Al,

Re-optimize on the day that human nature changes immutably and not before.

Vince
by Vince
Fri Sep 12, 2003 12:57 pm
Forum: Testing and Simulation
Topic: Parameter Assignments and Optimization
Replies: 13
Views: 8109

suspect you'll find that single set of parameters tuned across all the markets will perform better in the out-of-sample testing than the market-optimized parameters. I've done some of this kind of testing and that's what I've found. I've also heard of some similar testing done with some commerciall...
by Vince
Fri Sep 12, 2003 3:13 am
Forum: Money Management
Topic: Increasing leverage through LEAPs
Replies: 16
Views: 11510

I forgot to mention that you can bet on virtually any instrument, whether it be IR's, Currencies, Bullion, Commodities or Equities using the SpreadBetters.

Also, in UK, the wins are tax free.
by Vince
Thu Sep 11, 2003 4:34 pm
Forum: Money Management
Topic: Increasing leverage through LEAPs
Replies: 16
Views: 11510

Hi Al, SpreadBets are just another vehicle for trading instruments. You are betting whether the price will advance or decline.....as always. Margin requirements for the SpreadBetters are very low...for stocks its 5%. For the FTSE100 I thing it is £100 per point bet. Check out www.deal4free.com I th...
by Vince
Thu Sep 11, 2003 3:54 pm
Forum: Money Management
Topic: Increasing leverage through LEAPs
Replies: 16
Views: 11510

I guess that if Leaps just gave you extra leverage for Stocks then you might as well use SpreadBetters where the margin requirement is 5%. The beauty of the SpreadBetters is that you are guaranteed your exit price for as much as you want to sell/buy because you are betting on the price and not price...
by Vince
Thu Sep 11, 2003 1:09 am
Forum: Futures Markets
Topic: Leaps
Replies: 1
Views: 3082

Leaps

Does anyone have any information about trading Leaps?

http://www.investopedia.com/offsite.asp ... /intro.jsp

How do they work?

Thanks in advance

Vince
by Vince
Wed Sep 03, 2003 7:08 am
Forum: Testing and Simulation
Topic: Complete systems
Replies: 1
Views: 2925

Complete systems

Dear All, Does anyone know of a product out there that would allow me to write a bespoke trading program, so the product language must be sufficiently well defined to cope with 2 dimensional arrays and standard control structures such as For loops and If statements, that once written, the program ca...
by Vince
Fri Aug 29, 2003 1:15 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

Interesting, because i recall c.f. stated that some of the people in the TT program had the same beliefs. They didnt trust the rules that Richard gave them. When I met c.f. last October in St Thomas, I told him that the reason he was able to trade the rules was that "he had taken ownership of them....
by Vince
Fri Aug 29, 2003 12:14 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

By misinterpret, does that mean not be able to follow? By misinterpret, I mean that they thought that the rules worked in a different way, than they actually did. I had the same problem myself. From the TT manual, it really is difficult to clear away all of the noise, in order to understand the rul...
by Vince
Fri Aug 29, 2003 11:01 am
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

The ones who failed, misinterpreted the rules, in the same way I did, for the last 2 years. TT was specifically about a bet, between Eckhardt and Dennis, that trading could be taught. There is no emotion in trading. c.f. told me himself, that he has a computer that can put on, in excess of 4000 trad...
by Vince
Thu Aug 28, 2003 6:21 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

Kiwi, I want freedom, thats all! It doesn't cost much for me, because whilst I would love another Mercedes SLK and a Ferrari 360 Spyder, I really want to sit on a beach and be able to chill for the rest of my life. 3K GBP net pcm (index linked) for the rest of my life, would do nicely! Vince P.S. I ...
by Vince
Thu Aug 28, 2003 3:28 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

Sir G, Reasonably good answer - many thanks! Severe weakness in your argument though....and I partly take responsibility for it. There is one huge and fundamental difference between Pop Idol and trading. The Pop Idols have innate talent that cannot be harnessed, measured, quantified or bottled. In s...
by Vince
Thu Aug 28, 2003 1:18 pm
Forum: Trader Psychology
Topic: Systems, merit and philosophy
Replies: 15
Views: 11596

Systems, merit and philosophy

I throw a question out to the readers.... At what stage in a persons development would you consider they merit professional help? For example, in Pop (American) Idol, I see young wannabe's strutting their stuff in the hope of getting a chance to be taken on by the professionals, so that their raw ta...
by Vince
Wed Aug 27, 2003 12:01 pm
Forum: Futures Markets
Topic: Margin calculations
Replies: 3
Views: 4361

Howard, Thanks for your response. Before I start digging around, you wouldn't happen to know where I could get examples of code (any language but Basic would be good) for writing my own Span calculation modules, would you? Can the calculations be derived, purely from historic price data? I am curren...
by Vince
Wed Aug 27, 2003 9:22 am
Forum: Futures Markets
Topic: Margin calculations
Replies: 3
Views: 4361

Margin calculations

Mornin all! Does anyone know how the futures exchanges calculate margin requirement per contract? I know that they base it on volatility, but do you know if the calculation is entirely objective and something we can code or is it a case of exchange "finger in the air" mechanics? Thanks in advance......
by Vince
Wed Jul 09, 2003 8:45 am
Forum: Testing and Simulation
Topic: Neural Networks
Replies: 16
Views: 9904

Commitment "Do not look for magic systems. Do not look for the lazy man's way to riches...Read, study, listen, and think. Compare and compare. Make lists of pros ands cons. Make up scenarios. Make up opposite scenarios. Compare. When you get confused, back away. Start again. Watch. Listen. Compare. ...
by Vince
Mon Jul 07, 2003 5:24 pm
Forum: Testing and Simulation
Topic: Neural Networks
Replies: 16
Views: 9904

If you programmed a dynamic system and it has more than 7-10 parameters, I would bet that it would not be very robust. Thinking about it, I'm trying to achieve "regression to the mean", in recent history, time. If I could achieve this, it would go a long way to stabilising the system. I don't want ...
by Vince
Mon Jul 07, 2003 5:08 pm
Forum: Testing and Simulation
Topic: Neural Networks
Replies: 16
Views: 9904

How many parameters are we talking about? How many do you know are mutually exclusive in the way they interact with the others? There are 6 interacting indicators. But they can all be bounded by realistic settings so.........maybe its not that difficult..... (it was a 3-d graphic space) Seykota lik...
by Vince
Mon Jul 07, 2003 3:36 pm
Forum: Testing and Simulation
Topic: Pre-flight check list
Replies: 4
Views: 3788

Over time each person develops their own mental check list but for a novice the numerous aspects that need to be considered can be daunting and not obvious. You can say that again! And I was hoping that this thread would result in a discussion to distill the main pillars of trading plan design and ...
by Vince
Mon Jul 07, 2003 2:29 pm
Forum: Testing and Simulation
Topic: Neural Networks
Replies: 16
Views: 9904

use parameters that have a range for optimization Ideally, you need to put some kind of intelligence into this search, rather than a tour de force search of all the values....I wonder..... The search is slightly bounded, in that you will know that many of the parameter settings are not relevant. Fo...